Sumner Redstone built his Viacom empire via a combination of "vision and paranoia," The Economist says, taking his father's exhibition chain, National Amusements, and future-proofing it against emerging paradigms and technologies, such as pay-TV and VCRs.
As media news stories go, licensing renewal battles between pay-TV operators and programmers always produce provocative quotes. But it can be difficult to parse out the truth of who is really being unreasonable in carriage negotiations. Get the backstory on five of 2015's biggest upcoming retransmission deals before the blackouts start.
If a Monday report in the New York Times is any indicator, Viacom appears to be failing in its quest to spur government intervention in a carriage stalemate with Suddenlink that has kept Viacom...
Trying to change course amid falling ratings and soft advertising sales, Viacom announced Wednesday that it is reviving its Noggin educational brand to launch a new SVOD service targeted toward preschoolers.
Suddenlink lost another 34,800 basic video customers in the fourth quarter of 2014, nearly quadrupling the 8,600 it lost during the comparable 2013 quarter. Suddenlink also lost 26,300 digital video customers in Q4.
The steady decline of Cable One's pay-TV business continued in the fourth quarter, with the MSO hemorrhaging another 25,000 video subscribers.
Viacom announced a major restructuring of its cable network operations Thursday, consolidating three network groups into two, while placing one unit under the direction of Doug Herzog and the other under Cyma Zarghami.
Citigroup Research analyst Jason Bazinet cratered Viacom's share price last month when he suggested that the media conglomerate's upcoming carriage talks with Dish Network could go south in a hurry.
Viacom is the latest programmer to launch an a la carte SVOD programming service, a new streaming product built around its Nickelodeon kids' linear network set to debut in March.
Culminating a broad-reaching licensing deal signed in October, Verizon announced Wednesday that it has added access to 24 live Viacom channels through its FiOS Mobile App.